Salary threshold Sample Clauses

Salary threshold. The provision of 6.10.4 ceases to apply as of 1 January 2014 to employees seconded to the employer with an annual salary, including holiday pay, of € 60,000 gross or more. This salary threshold will be adjusted in line with the basic wage increases agreed in the collective agreement and amount to € 63,300 gross or more as of 1 December 2022 and € 65,516 gross or more as of 1 January 2024.
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Salary threshold. The minimum basic annual salary for waiving recording working hours shall be CHF 120,000 (excluding variable components but including the 13th month salary). When the salary threshold pursuant to Article 73a (1) b ArGV is adjusted, the Agreement shall be adjusted proportionately. For part-time work, the salary threshold shall be reduced in line with the level of employment.
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Related to Salary threshold

  • Lower Salary Level An employee who accepts another position with a lower salary range will be paid an amount equal to their current salary, provided it is within the salary range of the new position. In those cases where the employee’s current salary exceeds the maximum amount of the salary range for the new position, the employee will be compensated at the maximum salary of the new salary range.

  • Current Salary Level An employee who accepts another position with his or her current salary range will retain his or her current salary.

  • Salary Deductions Salaried employees (E-level classifications) who are permanently assigned to full-time job classifications are paid on a bi-weekly salary basis. Salaried employees are paid a bi-weekly salary based on a minimum of two (2) forty (40) hour workweeks. The bi-weekly salary received by salaried employees will not be reduced regardless of the number of hours the salaried employee actually works in any week in which the salaried employee performs any work except for the following deductions:

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